SINGAPORE, Dec. 19, 2024 /PRNewswire/ -- Digital travel platform Agoda has reached an additional milestone in expanding their flight business in India and Korea through the International Air Transport Association's (IATA) accreditation, enabled by the IATA GoGlobal Accreditation achieved by Priceline on behalf of Booking Holdings. The IATA GoGlobal accreditation is a prestigious certification that underscores both Priceline and Agoda's commitment to upholding the highest global

The transport ministry said Thursday it has imposed fines on Korean Air Co., Delta Air Lines Inc. and Air Astana JSC for violating South Korea's aviation laws during operations. Korean Air, South Korea's leading carrier, was fined 25 million won ($17,221) for keeping passengers on board for four hours and eight minutes while the aircraft was on the runway during takeoff preparations on its Incheon-Delhi flight on July 23. By law, aircraft with passengers on board cannot remain still on

The United States believes Russia may be close to accepting North Korea's nuclear weapons program in a reversal of its long-standing commitment to denuclearize the Korean Peninsula, its ambassador to the United Nations said Wednesday. During a UN Security Council meeting, Ambassador Linda Thomas-Greenfield revealed US information that Moscow has sent air defense systems to the North while underscoring the United States' concerns over Moscow's "intent" to share satellite

Kim Bo-hyun, the new CEO of Daewoo Engineering & Construction, pledged to steer the company's growth through uncertain economic conditions during his inauguration ceremony, the company said Wednesday. "We should come together to build a robust company amid the challenges faced by the construction industry," Kim said in his inaugural speech at the ceremony, held at the company's Seoul headquarters Tuesday. The new leader's strategy centers on creating a stable work

The South Korean military said Wednesday it will carry out drills this week aimed at sharpening its response capabilities against potential North Korean drone infiltrations as part of efforts to deter provocations from North Korea. The exercise, scheduled for Thursday afternoon, will simulate an attack by the North involving multiple drones in the East Sea and the Yellow Sea, as well as rear areas, according to the Joint Chiefs of Staff. Participating units, including the Army Ground Operations

The budget for a project to enhance the South Korean Air Force's key fighter aircraft, the F-15K, has risen by over 1 trillion won ($697 million) due to increasing labor and material costs in the defense industry, according to the country's arms procurement agency. The Defense Acquisition Program Administration announced that the agency's defense acquisition program promotion committee has approved the final plan for the project on Monday. With a focus on improving the key aviatio

Hanjin Group Chairman and CEO Walter Cho pledged to "raise the global profile of Korean aviation" in his very first address to employees of both Korean Air and Asiana Airlines, following Thursday's official acquisition of Asiana Airlines as its subsidiary. In Monday's message which began with, "Dear Korean Air, Asiana Airlines and Hanjin Group colleagues," Cho emphasized the importance of becoming "one family" under Hanjin Group. "Korean Air and Asi

The Ukrainian military has released photos and footage of what appear to be dozens of North Korean soldiers killed along with Russian troops in Russia's western Kursk border region, a Ukrainian media outlet has said. Ukrainska Pravda reported Sunday, citing information from a drone unit, that the soldiers whose bodies were shown covered in snow were killed during assaults in the Russian region bordering Ukraine on Saturday. "The Madiar channel emphasized that this is a collaborative ef

By Nurgali Arystanov Ambassador of the Republic of Kazakhstan to the Republic of Korea In 2024, Kazakhstan and South Korea strengthened their strategic partnership, achieving new milestones through key diplomatic events. These developments not only reflect the growing ties between the two countries but also highlight the potential for deeper cooperation across various sectors. Strong political dialogue Political dialogue between Kazakhstan and Korea has been strengthened thanks to the close enga

Korean Air is set to finalize its long-awaited 1.8 trillion won ($1.4 billion) merger with Asiana Airlines Thursday, marking a significant step toward positioning the airline among the world’s top 10 carriers and solidifying its status as the largest in Northeast Asia. On Wednesday, Korean Air completed payments for Asiana shares to secure a 63.9 percent stake in the smaller rival, putting an end to the four-year-long journey. The merger marks the end of an era in which the nation’s

The government said Wednesday it will work to enhance the competitiveness of the domestic aviation industry while minimizing potential monopolistic harm from the soon pending merger between Korean Air Co. and Asiana Airlines Inc. The transport ministry announced an aviation industry support plan during a meeting of industries-focused ministries held at Hanwha Ocean Co.'s research and development campus in Siheung, Gyeonggi Province. To manage monopoly concerns arising from the merger, the m

Seoul shares opened slightly higher Wednesday as a widespread investigation into President Yoon Suk Yeol's brief martial law declaration by various law enforcement agencies gained traction. The benchmark Korea Composite Stock Price Index added 6.44 points, or 0.27 percent, to 2,424.28 in the first 15 minutes of trading. The president faces a criminal investigation in connection with insurrection and other charges related to his short-lived martial law order last week. Earlier in the day, he

US Defense Secretary Lloyd Austin reaffirmed America's "ironclad" deterrence commitment to South Korea and Japan on Tuesday, stressing that Washington remains "clear-eyed" about security challenges from North Korea, China and Russia. During his talks with Japanese Defense Minister Gen Nakatani in Tokyo, Austin also underscored the United States' commitment to advancing what he called "historic" trilateral cooperation with South Korea in the face of shared

South Korean aircraft maker Korea Aerospace Industries said Tuesday that it has extended its contract with Boeing to produce empennage parts for the US aerospace giant’s 737 Max model. The extension will add 1.12 trillion won ($789 million) in sales to the existing contract. The Boeing 737 Max – the manufacturer's newest narrow-body model for short and medium-haul passenger flights – carries up to 230 passengers. KAI has provided vertical and horizontal stabilizers for the

South Korea’s tourism and retail sectors face repercussions from the escalating political turmoil, with major economies issuing heightened alerts for travelers following President Yoon Suk Yeol’s short-lived martial law declaration last week. Starting Wednesday, several countries, including the US, the UK, Japan and Australia, have announced travel alerts, advising their citizens to avoid crowded areas and remain vigilant while staying in Korea. The seemingly heightened concerns cont